RANHILL UTILITIES BERHAD

KLSE (MYR): RANHILL (5272)

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Last Price

1.00

Today's Change

-0.01 (0.99%)

Day's Change

1.00 - 1.02

Trading Volume

496,400


6 people like this.

3,556 comment(s). Last comment by hng33 1 day ago

garychee8

362 posts

Posted by garychee8 > 2023-02-23 11:11 | Report Abuse

queue at 0.42

Posted by NatsukoMishima > 2023-02-23 11:16 | Report Abuse

@lassy

542 posts

Posted by lassy > 4 days ago | Report Abuse

If RANHILL really have TRUE VALUE the share price won't be staying at the miserable 40 plus sen.Fund institutions will be the FIRST one to move it up above RM1 but anyway NEW GOVERNMENT will have their own people to do the jobs even it is a SUB CON jobs.Got tender jobs but still have to give jobs to OWN PEOPLE to do it EFFICIENTLY

______
The biggest mistake for many stock investors is looking at price daily instead of believe in business future ,all these people are gambler not invrstors , Spore will have big contract for ranhill later , dont say i never share with u bro !

Posted by Lee Ying Yee > 2023-02-23 13:52 | Report Abuse

main payer will press down ? below 40c

TCH1186

907 posts

Posted by TCH1186 > 2023-02-23 17:41 | Report Abuse

Walao somebody save me

markgold

312 posts

Posted by markgold > 2023-02-24 15:30 | Report Abuse

Buy at 44 sen.

Posted by NatsukoMishima > 2023-02-24 19:56 | Report Abuse

Next week u wont get this stock below 70 sens already , it skyrocket to 1.20 soon !

lassy

632 posts

Posted by lassy > 2023-02-25 09:50 | Report Abuse

New Government will try to get PROFESSIONAL people to do the jobs EFFICIENTLY and PRUDENTLY at MARKET price as practice by RANHILL . OWN people mean an invitation to PROFESSIONAL FIRM to participate in Government Project and not those ALI BABA company who sub ..n .sub con the works if successful in the bidding.This is to clear the abuse report and DOUBT.In a sense I mean a good professional company will stand a better chance in getting the job than a ALI BABA company.

lassy

632 posts

Posted by lassy > 2023-02-25 09:59 | Report Abuse

If we do not look at the price daily how can we but RANHILL shares at 43 sens 2 days ago.(Thursday) -forget the 0,425 sen done because only a few lots DONE so do PM Corp at 20sen and Insas at 0.765 sen (NTA RM 3.30) done yesterday.Penny stocks need to monitor for bottom fishing and NOT FOR CONTRA play because the volume is too SMALL for the OPERATOR to control the price movement.

Posted by NatsukoMishima > 2023-02-26 10:28 | Report Abuse

@
Lee Ying Yee

14 posts

Posted by Lee Ying Yee > 2 days ago | Report Abuse

main payer will press down ? below 40c
_______
U can not always wishes bottom , as long as the business model is bright future n price at low level then just buy keep n enjoy benefits !

Posted by NatsukoMishima > 2023-02-26 10:30 | Report Abuse

Harta , topglove , supermx , kossan tutup kedai later but this utilities stock will grow robustly soon ! Trust me !

vitac

518 posts

Posted by vitac > 2023-02-27 09:31 | Report Abuse

No skyrocketing, still at lot @ below 50c... above 70c not yet there..

markgold

312 posts

Posted by markgold > 2023-02-27 12:15 | Report Abuse

This counter suitable for long term investment. The profit will improve for 2023 and 2024.

Posted by foreverchung > 2023-02-27 22:52 | Report Abuse

Bright future ahead for Ranhill. Kudos for the company to hold strong during the relentless bad news for it. Now the fruits are ripe to be collected, bad news turn to good news as per below:

1. Indonesia's water project submission complete, now to await approval and execution.
2. Thailand negotiation (south Thai) to continue under administration of PMX.
3. Sabah west-coast > east-coast power line to be completed soon.
4. NRW initiatives rewarded in southern states, soon northern states to be realized as well.
5. Retendering of Rasau projects as per parliament announcement. May benefit Johorean company as PMX is now seen to be friendly with the state.
6. RW now is participating in more O&G tenders and service.
7. Further tendering for new waste handling projects in neighboring countries.
8. Water rates to be reviewed sooner than later, with commercial bands started adjustment.

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2023-02-28 22:13 | Report Abuse

Very consistent.
Another good investment stock mid to long-term growths

remomama94

108 posts

Posted by remomama94 > 2023-03-05 12:48 | Report Abuse

- Banjir terkawal, tidak perlu darurat bencana

- Kerajaan bersetuju segerakan projek tebatan banjir di Johor, projek perlu bermula Jun ini

— PM Anwar

Guess who will get direct tender for water related projects in johor

TCH1186

907 posts

Posted by TCH1186 > 2023-03-06 18:34 | Report Abuse

Woohoo lucky up.. Nyum nyum

Posted by NatsukoMishima > 2023-03-21 11:57 | Report Abuse

It s time to sapu all tickets !

chimchim

191 posts

Posted by chimchim > 2023-03-28 09:24 | Report Abuse

Sleeping giant will get Raya bonus ka?

Posted by Silent 88888 > 2023-03-28 09:30 | Report Abuse

no one goreng get tons of project also useless

Tesla123

63 posts

Posted by Tesla123 > 2023-04-03 09:49 | Report Abuse

good news

remomama94

108 posts

Posted by remomama94 > 2023-04-03 10:27 | Report Abuse

Sabah power plant project win 100mw

Posted by NatsukoMishima > 2023-04-03 13:12 | Report Abuse

@Silent 88888

258 posts

Posted by Silent 88888 > 6 days ago | Report Abuse

no one goreng get tons of project also useless
_______^^__
Y u just like gambling ??

Posted by NatsukoMishima > 2023-04-03 23:02 | Report Abuse

Minimum worth rm 1.20

yewyin33

294 posts

Posted by yewyin33 > 2023-04-03 23:30 | Report Abuse

Ranhill awarded 100 MW electricity supply contract
Koon Yew Yin 3 April 2023
This morning Ranhill made a long legally worded announcement about the Sabah State Government’s award of a contract to construct a 100 MW gas power plant to sell/supply electricity to Sabah Energy Corporation for 21 years. The price of electricity will be based on cost plus profit.
Currently Ranhill has a 380 MW gas power plant in operation and with this additional 100 MW, the company will have 480 MW gas power plant generating electricity to sell to the Sabah Energy Corporation.
That simple means Ranhill has additional profit growth for 21 years. Among all the share section criteria such as NTA, cash flow, debt, health balance sheet, EPS etc the most powerful criterion to push up share price is profit growth prospect.
That is why Ranhill share price has been going up higher and higher recently, especially today.
Koon Yew Yin

Posted by winsenlim68 > 2023-04-05 16:15 | Report Abuse

https://klse.i3investor.com/web/blog/detail/ranhill13/2023-04-05-story-h-274246018-Update_on_2023_Outlook

Update on 2023 Outlook

Following the latest quarterly results, Ranhill Utilities Berhad appears to be on a steady course for a potential rebound in FY23. The company's prospects look promising, and several developments are expected to uplift the company's outlook.

Here are some updates on the key factors that could drive Ranhill's growth in the upcoming year.


1) Tariff Hike Expected to Boost Earnings in FY23

Ranhill's subsidiary, Ranhill SAJ Sdn Bhd (RSAJ), has begun recognizing the backdated July 2022 gazetted tariff adjustments for Aug-Dec 2022 period. As per the adjustment, the rate for the first 35m3/month has been raised to RM3.10/m3 (from RM2.80/m3), and that of subsequent consumption is raised to MYR3.50/m3 (from RM3.30/m3). This adjustment is expected to lead to an increase in earnings of approximately RM10 million for FY23, according to a report by RHB.


2) Healthy Cash Flow from NRW Matching Grant Receipt

Ranhill has qualified for the Non-Revenue Water (NRW) reduction incentives for FY21, enabling it to recognize a reduction incentive of RM142 million in FY22. The disbursement of the RM142 million grant is expected in FY23 Q2, which will further boost Ranhill's cash flow and could lead to a potential boost in dividend payout for FY23. A simple back of the envelope calculation shows that RM142 million would yield 10 sen dividend per share, translating approximately 20% dividend yield from its current share price.

As per a report by RHB, Ranhill is the most efficient water operator in Malaysia as Johor has the lowest NRW per km of 17.2cu m/km/day. Therefore, it is highly likely that Ranhill will meet the NRW target for FY23 and qualify for the NRW incentive.



3) NRW Incentives Under the 12th Malaysia Plan

The 12th Malaysia Plan has allocated RM1.37 billion under Approach 2 for matching grants to assist water operators in states that has less than 40% NRW rate. Seven state water operators, including Ranhill in Johor are implementing Approach 2, thereby presenting an opportunity for Ranhill.




With the company’s impressive history of reducing NRW, it is anticipated that Ranhill will meet the criteria for the NRW incentive under Approach 2, thus further enhancing its cash flow position.



4) Progression of the Indonesian Djuanda Water Project

According to a report by RHB, the Indonesian Djuanda source-to-tap water project, with an estimated treatment capacity of 605m litres/day (MLD) and USD700-800m capex, is in its final feasibility study. Once accepted by the Indonesian Government, Ranhill will be accorded Initiator Status, which gives it the 'Right-to-Match' privilege as the project enters into the public tender process. Upon completion, the water project is expected to provide clean water access to 3.9 million residents around the Greater Jakarta area, including DKI Jakarta, Bekasi City, Bekasi Regency, and Bogor Regency.

The concession period awarded for this project is estimated to be 30 years, which is a significant boost for Ranhill's bottom line. The successful execution of this project could also open the door for Ranhill to new water project opportunities in Indonesia in the long term.




5) Successful bid for new 100MW CCGT plant in Sabah

Ranhill Utilities and Sabah Energy Corporation's 60:40 consortium won the bid for a 100MW CCGT power facility on Sabah's west coast. The facility has a 21-year PPA with Sabah Electricity and set to begin commercial operation date on 1 March 2026. According to MIDF, it is estimated that the new plant could generate incremental equity value of 11sen/share based on Ranhill’s 60% stake. Ranhill's new plant will expand its power capacity in Sabah by 26%, making it the largest IPP with 30% market share.




According to the Sabah Electricity Supply Industry Outlook 2019, peak energy demand is expected to grow 14% to 1,080MW in 2029, resulting a reserve margin of mere 3%, far lower than the 23% currently. Therefore, Ranhill is proposing to extend the PPA of its existing RP1 power plant by eight years to 2037 to meet Sabah’s growing energy demands. Coupled with the expected completion of the Southern Link project this year, it will enable RAHH to distribute more electricity to the east coast through its existing power plants and hence increase its revenue.



In summary, the recent developments are a positive sign of Ranhill's growth potential. I anticipate the company to experience a re-rating, as these factors have not been fully priced in, along with a potential dividend bump from the government grant. In uncertain times like these, Ranhill's defensive nature is a good fit for investors.

The light at the end of the tunnel seems to be getting closer.

Posted by NatsukoMishima > 2023-04-06 13:18 | Report Abuse

Look this is 2 sen dividen not 0.2 sen ! Better than u buy sunset glove stocks !

Posted by NatsukoMishima > 2023-04-06 13:20 | Report Abuse

Wow KY lubricant also come join ranhill already !

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2023-04-06 15:38 | Report Abuse

4 percentiles just nice.

nicholas99

9,841 posts

Posted by nicholas99 > 2023-04-07 09:44 | Report Abuse

ranhill macam breakthrough.. got rally coming?

Posted by winsenlim68 > 2023-04-07 11:51 | Report Abuse

if there is a rally I wont be surprised, earnings visibility is here

Anti_debt

224 posts

Posted by Anti_debt > 2023-04-07 14:03 | Report Abuse

How much is Ranhill net debts can some1 share? Why TS Hamdan stop buying?

jgb349000

492 posts

Posted by jgb349000 > 2023-04-07 17:58 | Report Abuse

Ky jelly gonna throw soon,,,better be careful..

Tesla123

63 posts

Posted by Tesla123 > 2023-04-07 22:58 | Report Abuse

Uptrend just beginning

Posted by NatsukoMishima > 2023-04-08 14:17 | Report Abuse

Keep for retirement , good future , high dividen yield ! I already said this stock worth 1.20 atleast !

Posted by NatsukoMishima > 2023-04-08 23:04 | Report Abuse

Before pandemic their divy already > 5 %, once the latest qr out , i think there were be special dividen!

jgb349000

492 posts

Posted by jgb349000 > 2023-04-14 10:00 | Report Abuse

At least rm1

Posted by NatsukoMishima > 2023-04-14 11:54 | Report Abuse

Atleast worth rm 1.20 in short term !

remomama94

108 posts

Posted by remomama94 > 2023-04-14 13:26 | Report Abuse

Big money is pushing to above 1
Be patient

Posted by NatsukoMishima > 2023-04-18 11:32 | Report Abuse

1 year get 4 sens from this stock is > 5% divy alteady @

TakeProfits

1,229 posts

Posted by TakeProfits > 2023-04-20 16:17 | Report Abuse

Natsukomushima, what are your thoughts on MBSB?

remomama94

108 posts

Posted by remomama94 > 2023-04-20 21:14 | Report Abuse

incoming buy back price to hit rm 1 soon

Posted by Hew Kiong Peng George > 2023-04-21 21:20 | Report Abuse

Uncle koon hold 2678 lots in ranhill

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2023-04-25 19:06 | Report Abuse

KUALA LUMPUR: Ranhill Utilities Bhd’s subsidiary, Ranhill Worley Sdn Bhd has secured a RM210mil (US$50mil) contract from a wholly owned subsidiary of Saipem S.p.A. of Italy.

Gonna work out something .

Posted by foreverchung > 2023-04-26 00:44 | Report Abuse

Well deserved cheers for Ranhill! The worst is over!

mf

27,851 posts

Posted by mf > 2023-04-26 02:13 | Report Abuse

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remomama94

108 posts

Posted by remomama94 > 2023-04-26 08:11 | Report Abuse

200 million project win le...kasi limit up huhu

Tesla123

63 posts

Posted by Tesla123 > 2023-04-26 11:36 | Report Abuse

Leading engineering company in the world!

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